There is still alot of value in most of the companies mentioned. The issue for EMH is that even if they doubled or tripled the resource base they are still behind peers in terms of mining, metallurgy and complexity. Location is their best and only feather in their cap. The other aspect i banged on early about is that a portion of those resources quoted are low grade lithium only zones which may not be economic with the current development plans.
Interesting peer comparison, page-12
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Last
15.5¢ |
Change
0.015(10.7%) |
Mkt cap ! $32.15M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.8¢ | 15.5¢ | $3.748K | 24.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 76555 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 33724 | 2 |
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| Last trade - 14.43pm 11/11/2024 (20 minute delay) ? |
| EMH (ASX) Chart |